Burcon NutraScience (TSE:BU) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$2.45 and traded as low as C$2.21. Burcon NutraScience shares last traded at C$2.21, with a volume of 1,321 shares trading hands.

Burcon NutraScience Stock Down 2.6%

The company has a current ratio of 5.63, a quick ratio of 1.71 and a debt-to-equity ratio of 187.90. The stock has a market capitalization of C$28.04 million, a P/E ratio of -0.64 and a beta of 2.31. The stock’s 50 day simple moving average is C$2.40 and its 200 day simple moving average is C$2.45.

About Burcon NutraScience

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Burcon is a global technology leader in the development of plant-based proteins. With over 285 issued patents and more than 250 additional patent applications, that have been developed over a span of more than twenty years, Burcon has grown an extensive portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed and more.

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